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Mandarin Gardens @ Siglap: Spacious Homes With Breathtaking Sea Views

Ohmyhome

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Mandarin Gardens, located at Siglap Road in District 15, is a 99-year leasehold seaview condominium developed by Mandarin Gardens Pte Ltd. It comprises 1,000 residential units across 23 storeys. If you love a quaint and nostalgic neighbourhood, this is the abode for you. Besides being close to Central Singapore, there are a lot more things that this property has to offer.

4 Reasons Why Mandarin Gardens Is an Ideal Home:

1. Specifications and Perks for Own Stay

Project Name Tenure TOP Unit Type (up to) Size in sqft Average Price PSF (up to)
Mandarin Gardens 99-year leasehold 1986 1-bedroom
2-bedroom
3-bedroom
4-bedroom
5-bedroom
829
1,001
2,034
3,068
3,800
$1,028

Mandarin Gardens remains as one of the most sought-after condominiums due to its generously-sized apartments. Each unit has an expansive layout with large balconies that allow you to enjoy unimpeded views of the sea.

The facilities here are suitable for all ages. Swim with your kids at the wading pool and swimming pool. Sweat it out at the fully-equipped gym and fitness station. Over the weekend, invite your friends over for a round of tennis or squash at the courts available, or host a feast at the barbeque pits. There’s even a childcare centre, mini-mart and cafeteria in the condominium. Talk about convenience!

2. Accessibility, Amenities, and Recreational Spots

The nearest train station is Eunos MRT Station on the East West Line (EWL), which is a 23-minute bus ride away. The upcoming Marine Parade MRT Station on the Thomson-East Coast Line (TEL), which is slated to open by 2023, will be close to Mandarin Gardens. Accessible via East Coast Parkway, it would take you about 17 minutes to drive to the Central Business District (CBD) and 19 minutes to Orchard Road.

Nearby malls include Parkway Parade, Katong 112 Shopping Mall, Siglap Shopping Centre, Bedok Mall, and Bedok Point. You can find many types of eateries along Katong. Spending the whole day at the beach? There are local hawker food and fast food restaurants too. Cafe lovers can check out places like Penny University, Forty Hands East Coast, and Stamping Ground Coffee, to name a few. There are many recreational activities you can engage in. Take a stroll, jog, cycle, or have fun with water activities at East Coast Park.

3. Education, Employment, and Healthcare

The development makes a great place to live for local and international families with children as there are plenty of schools within the surrounding area. There’s a childcare centre, two kindergartens, and a secondary school, Victoria School (288m) within a 500m radius. Other nearby schools include Ngee Ann Primary School, Sekolah Indonesia, CHIJ Katong Convent, Rosemount International School, and more.

When it comes to health concerns, you need not worry as Parkway East Hospital, Changi General Hospital, and Bedok Polyclinic are located less than 10 minutes away by car.

4. Property Price and Future Developments

The price of a three-bedroom apartment (1,572 sqft) on Mandarin Gardens’s mid-level floor, in the past three years:

  • January to December 2017 – up to $1,398,800
  • January to December 2019 – up to $1,650,000

Since 2017, property rental prices at Mandarin Gardens have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like new amenities, community spaces, improved connectivity, industrial hubs, and recreational facilities.

Is Mandarin Gardens the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!


Best Mortgage Rate Across All Banks for Mandarin Gardens

Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.

Buyer’s Stamp Duty for Mandarin Gardens

Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore. If you opt to buy a three-bedroom unit at Mandarin Gardens the price is at $1,650,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $50,600.

Market Value of the Property BSD Rate Calculation
On the first $180k 1% $1,800
On the second $180k 2% $3,600
Next $640,000 3% $19,200
Remaining $650,000 4% $26,000
BSD Payable $50,600

Source: IRAS

Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!

Additional Buyer’s Stamp Duty for Mandarin Gardens

Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).

Who is liable to pay ABSD:

  • Singapore Citizen (SC) buying second, third and subsequent residential property
  • Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
  • Foreigners or entities buying any residential property

ABSD for Singapore Citizens when Buying Mandarin Gardens

Here’s the ABSD amount you are required to pay if you are an SC:

Property Ownership ABSD Rate ABSD Amount from Price $1,650,000
If Mandarin Gardens is your second residential property 12% $198,000
If Manarin Gardens is your third or subsequent residential property 15% $247,500

ABSD for Singapore Permanent Resident when Buying Mandarin Gardens

Here’s the ABSD amount you are required to pay if you are an SPR:

Property Ownership ABSD Rate ABSD Amount from Price $1,650,000
If Mandarin Gardens is your first property 5% $82,500
If Mandarin Gardens is your second or subsequent residential property 15% $247,500

ABSD for Foreigners when Buying Manarin Gardens

Here’s the ABSD amount you are required to pay if you are a foreigner:

Property Ownership ABSD Rate ABSD Amount from Price $1,650,000
Foreigners buying any property 20% $330,000

VIP Service for Buyers at $0 Agent Fees

Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.

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